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Originally Posted by Aaamazarite
Check out page 4 of this report that just came out:
http://www.ngkf.com/Uploads/FileMana...ket-Report.pdf
The University City office submarket has the highest asking rents in the entirety of Southeastern PA and had the third highest year-to-date absorption of office space. It also has the third lowest office vacancy rate in Southeastern PA. |
I found this interesting...
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Merck, for example, has already committed to half of the 50,000-square-foot coworking space WeWork signed for at 1100 Ludlow last quarter.
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25k sq ft for a big pharma is a nice addition to center city.